Figure 1-7 Shows the Production Possibilities Boundary for an Economy

question 48

Multiple Choice

Figure 1-7 shows the production possibilities boundary for an economy that produces two goods - cotton and bananas. FIGURE 1-7
-Refer to Figure 1-7.A production possibilities boundary is shown for an economy that produces two goods - cotton and bananas,both measured in tonnes produced per year.Suppose the economy is currently producing at point D.What is the opportunity cost of increasing production of bananas by 100 tonnes?

• A)420 tonnes of cotton
• B)100 tonnes of cotton
• C)there is no opportunity cost
• D)60 tonnes of cotton
• E)920 tonnes of cotton

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